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ALTISOURCE PORTFOLIO SOLUTIONS S.A. Director's Dealing 2022

Jan 26, 2022

34042_dirs_2022-01-26_fb8c371f-f315-40d4-9046-c3422f89fc19.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2022-01-24

Reporting Person: Esterman Michelle D. (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-01-24 Common Stock F 869 $10.85 Disposed 32646 Direct
2022-01-24 Common Stock M 2457 Acquired 35103 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-01-24 Restricted Share Units $0 M 2457 Disposed Common Stock (2457) Direct

Footnotes

F1: Of the 2,457 restricted share units ("RSUs") vesting into shares reported above, 869 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 1,588 shares. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on January 24, 2022.

F2: 2,457 shares of ASPS common stock received upon the vesting of previously granted RSUs pursuant to an award under the 2009 Equity Incentive Plan, as amended.

F3: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.

F4: The remaining 2,456 RSUs are scheduled to vest on the third anniversary of the January 24, 2020 grant date (i.e., January 24, 2023).